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2017-29864 Reso RESOLUTION NO. 2017-29864 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE FOURTH AMENDMENT TO THE CAPITAL BUDGET FOR FISCAL YEAR 2016/17. WHEREAS, the final Capital Improvement Plan for Fiscal Years 2016/17 — 2020/21 and the final Capital Budget for FY 2016/17 were adopted via Resolution No. 2016-29582 on September 27, 2016; and WHEREAS, the first amendment to the Miami Beach Capital Budget for FY 2016/17 was adopted on November 9, 2016 via Resolution No. 2016-29637; and WHEREAS, the second amendment to the Miami Beach Capital Budget for FY 2016/17 was adopted on January 11, 2017 via Resolution No. 2017-29717; and WHEREAS, the third amendment to the Miami Beach Capital Budget for FY 2016/17 was adopted on April 26, 2017 via Resolution No. 2017-29829; and WHEREAS, City budget amendments pursuant to Section 166.241(4)(c) of the Florida Statutes must be adopted in the same manner as the original budget; and WHEREAS, the proposed amendments to the FY 2016/17 Capital Budget are included in Attachment A (Source of Funds), Attachment B (Programs), and Attachment C (Projects); and WHEREAS, it is recommended by the Administration that the FY 2016/17 Capital Budget be amended to re-appropriate $246,000 between existing projects as highlighted in Attachment C (Projects) and as further detailed in the attached Commission Memorandum. NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City Commission hereby adopt the Fourth Amendment to the Capital Budget for Fiscal Year 2016/17 as set forth in Attachment A (Source of Funds), Attachment B (Programs), and Attachment C (Projects). PASSED AND ADOPTED this 17th day of May, 2017. ATTEST: 104441 jr4f V BEA **, HILIP L ��YN rA OR r '• 7/ ►..'•ice",- APP •VED AS TO RA AEL RAN D0=C`' g � ,KtED Fe ' & •NGUAGE • '.�NC°R ; •• 'XECUTION 41 I C H 26�+ City Attorney '`'oto " r ATTACHMENT A FY 2016/17 CAPITAL BUDGET SOURCE OF FUNDS Amended 5/17/17 Amended Capital Funding Source Budget Amended 5/17/17 Revised 97 Parking System Revenue Bd $ 54,405.00 $ 54,405.00 2001 Gulf Breeze-Normandy Golf 128,203.00 128,203.00 2003 GO Bonds-Neighborhood Improvement 1,509,738.00 1,509,738.00 2003 GO Bonds-Parks&Rec 197,838.00 197,838.00 2010 Parking Bonds Reso.2010-27491 3,259,331.00 3,259,331.00 3 Cent Local Option Gas Tax 1,300,000.00 1,300,000.00 7th Street Garage 2,563,569.00 2,563,569.00 Art in Public Places 7,060,797.00 7,060,797.00 Community Development Block Grant Fund 542,554.00 542,554.00 Concurrency Mitigation 5,000,000.00 5,000,000.00 Convention Center 1,622,173.68 1,622,173.68 Convention Center CDT Interlocal Fund(441 &442) 2,477,451.32 2,477,451.32 Half Cent Transit Surtax-County 3,436,818.00 3,436,818.00 Line of Credit 5,856,402.00 5,856,402.00 Parking Impact Fees 1,425,823.00 1,425,823.00 RDA City Center Projects 70,000.00 70,000.00 Parking Operations Fund (121.69) (121.69) Parks and Rec-Beautification - - Pay-As-You-Go 4,065,221.00 4,065,221.00 RDA Anchor Shoppe 6,000,000.00 6,000,000.00 South Pointe Capital 4,334,018.00 4,334,018.00 Water&Sewer LOC 22,606,631.00 22,606,631.00 Stormwater LOC 43,015,591.00 43,015,591.00 RDA Garage Fund 7,277,219.00 7,277,219.00 RDA-Non TIF 9,000,000.00 9,000,000.00 Realloc. Funds-Other Capital Projects 641,000.00 641,000.00 Renewal&Replacement Fund 1,289,000.00 1,289,000.00 Resort Tax-North Beach 4,213,000.00 4,213,000.00 Capital Reserve 1,254,972.00 1,254,972.00 Resort Tax-Mid Beach 4,168,600.00 4,168,600.00 Resort Tax-South Beach 2,293,000.00 2,293,000.00 Resort Tax Fund-2% 13,000,000.00 13,000,000.00 South Pointe Renewal&Replacement Fund 493,425.00 493,425.00 Sanitation Fund 115,000.00 115,000.00 RDA South Pointe Capital Project - - Total Appropriation as of 1/11/17 $ 160,271,658.31 $ - $ 160,271,658.31 ATTACHMENT B FY 2016/17 CAPITAL BUDGET PROGRAMS Amended 5/17/17 Amended Capital Program Area Budget Amended 5/17/17 Revised Art in Public Places $ 7,060,797.00 $ 7,060,797.00 Bridges 150,000.00 150,000.00 Community Centers 102,600.00 102,600.00 Convention Center 4,099,625.00 4,099,625.00 Environmental 1,622,264.53 1,622,264.53 Equipment 443,000.00 443,000.00 General Public Buildings 767,554.00 767,554.00 Golf Courses 65,000.00 65,000.00 Lighting 1,996,000.00 1,996,000.00 Parking 300,000.00 246,000.00 546,000.00 Parking Garages 12,531,823.00 12,531,823.00 Parking Lots (2,878,121.69) (2,878,121.69) Parks 7,347,201.00 (246,000.00) 7,101,201.00 Renewal&Replacement 3,501,524.00 3,501,524.00 Seawalls 1,428,972.00 1,428,972.00 Streets/Sidewalk Imps 76,551,730.47 76,551,730.47 Transit/Transportation 39,356,818.00 39,356,818.00 Utilities 5,824,871.00 5,824,871.00 Total Appropriation as of 1/11/17 160,271,658.31 - 160,271,658.31 NOTE: The 72nd Street Park&Parking Structure project will be funded by funds previously appropriated to the Miami Beach Skate Park in the amount of$246,000. ATTACHMENT C FY 2016/17 CAPITAL BUDGET PROJECTS Amended 5/17/17 Capital Project Name Amended Capital Budget Amended 5/17/17 Revised Capital Budget 72nd Street Park&Parking Structure(#22150) $ - $ 246,000.00 $ 246,000.00 Miami Beach Skate Park(#29550) $ 396,280.00 _ $ (246,000.00) $ 150,280.00 Total $ 396,280.00 $ - $ 396,280.00 Resolutions - R7 C MIAMI BEACH COMMISSION MEMORANDUM TO: Honorable Mayor and Members of the City Commission FROM: Jimmy L. Morales, City Manager DATE: May 17, 2017 2:05 p.m. Public Hearing SUBJECT: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE FOURTH AMENDMENT TO THE CAPITAL BUDGET FOR FISCAL YEAR 2016/17. Legislative Tracking Office of Budget and Performance Improvement ATTACHMENTS: Description o FY17 4th Capita Budget Amendment. Memo Page 662 of 878 m MIAMIBEACH City of Miami Beach, 1700 Convention Center Drive Miami Beach, Florida 33139.www.miamibeachfl.gov COMMISSION MEMORANDUM TO: Mayor Philip Levine and Members of the City Commission FROM: Jimmy L. Morales, City Manager DATE: May 17, 2017 SUBJECT: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING THE FOURTH AMENDMENT TO THE CAPITAL BUDGET FOR FISCAL YEAR 2016/17. ADMINISTRATION RECOMMENDATION Adopt the Resolution. BACKGROUND Planning for capital improvements is an ongoing process; as needs change within the City, capital programs and priorities must be adjusted. The Capital Improvement Plan ("CIP") serves as the primary planning tool for systematically identifying, prioritizing and assigning funds to critical City capital development, improvements and associated needs. The City's capital improvement plan process begins in the spring when all departments are asked to prepare capital improvement updates and requests on the department's ongoing and proposed capital projects. Individual departments prepare submittals identifying potential funding sources and requesting commitment of funds for their respective projects. The CIP is updated annually and submitted to the City Commission for adoption. The FY 2016/17 — 2020/21 Capital Improvement Plan and FY 2016/17 Capital Budget was adopted on September 27, 2016 by Resolution No. 2016-29582. The First Amendment to the FY 2016/17 Capital Budget was approved on November 9, 2016 by Resolution No. 2016-29637. The Second Amendment to the FY 2016/17 Capital Budget was approved on January 11, 2017 by Resolution No. 2017-29717. The Third Amendment to the FY 2016/17 Capital Budget was approved on April 26, 2017 by Resolution No. 2017-29829. Page 663 of 878 Resr)uoonAdupVngtneFourth Amendment tothe Cap\a| Budge\ for FY2n16/17 May 17 2O17 Page2of2 Section 186241(4)(c), Florida Statutes. requires the: a municipality's budget amendment must be adopted in the same manner as the original budget Administration recommends adopting the resolution for the fourth amendment to the FY 2016117 Capital Budget FOURTH AMENDMENT TO THE FY 2016/17 CAPITAL BUDGET The Fourth Amendment to the FY 2016/17 Capital Budget re'appropnates $24O.00O in order to provide additional funding to the following capital project 1. 72"* Street Park and Parking Structure (#22150): An amount totaling $246.000 is being requested for the initial feasibility study and preparation of renderings of the 72"u Street Park and Parking Structure per Commission direction at the April 26, 2017 Commission meeting. Funding for this amendment would come from a transfer from the Miami Beach Skate Park project (#29550) From NorthBeach Qualify oFLife Fund - 307 Prior Years' Appropriations $0 May 17, 2017 Budget Amendment 246,000 , Proposed Total Appropriations $246,000 JLM/CGR